Cramer's 'Mad Money' Recap

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عضو محترف
التسجيل
15 سبتمبر 2005
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9,705
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On Wednesday's edition, Jim said that if Time Warner (TWX) decides to become a pure play in cable and spin off its other businesses, it could go from $16 to $26. The co is not going to be boosted by Carl Icahn's attempts. Instead, chief executive Richard Parsons needs to realize that his ace is his cable business and throw everything else out, Cramer said. This move would make Time Warner jump to $26 a share. Next, he claims Cisco (CSCO) is about to break out and go to $25 before it takes a real breather. The co recently reported its first better-than-expected quarter in two years and "shocked the world with its good numbers," he said. Cisco is also in a much more diversified business. In addition to being an "arms merchant" to telephone companies, it's now also one for the cable companies, Cramer said. In the fight between phone companies and cable operators, Cisco is the winner, he said. Both want to offer broadband, and they need to go to Cisco to do it.
 
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